Energize-ECI Names CEO

Posted: Updated:

Muncie-based Energize-ECI Inc. has named Dennis Maloy chief executive officer. He most recently served as executive director of Ivy Tech Corporate College in Bloomington and succeeds Roy Budd, who announced last year he was leaving the organization.

February 19, 2014

News Release

Muncie, Ind. - Lori Luther, Chair of the Energize-ECI, Inc. Board of Directors, announced the hiring of Dennis Maloy as the new President/CEO of Energize-ECI, Inc., the regional economic development partnership representing Blackford, Delaware, Fayette, Grant, Henry, Jay, Madison, Randolph and Rush counties.

"Mr. Maloy's expertise and experience in economic and workforce development, employee training, not-for-profit management and involvement in regional organizations are an ideal fit to lead Energize-ECI, Inc.," advised Ms. Luther.

Maloy comes to Energize-ECI, Inc. from Ivy Tech Corporate College in Bloomington, where he served as Executive Director since 2012. In that position, Maloy directed a team which identified and delivered workforce training solutions to a regional client base. From 2004 - 2012, he served as Executive Director of Hancock Economic Development Council. Maloy holds a BA degree (with honors) in Political Science from Indiana University, is a graduate of the Economic Development Institute - University of Oklahoma, and the Indiana Economic Development Academy - Ball State University.

He is a member of the Indiana Economic Development Association and International Economic Development Council. Maloy stated, "I appreciate the strong foundation of regionalism which has been established in East Central Indiana during the past decade and I look forward to working with the Energize-ECI, Inc., board of directors, investors, local economic development officials, business executives, school, universities and workforce training organizations in collaborating to bring new jobs and capital investment to the region, provide a well-trained workforce, and to help our communities improve their quality of place." He began his new position as President/CEO of Energize-ECI, Inc. on February 18th.

About Energize-ECI, Inc.

Founded in 2005, Energize-ECI, Inc. is a public/private partnership providing pro-active services and programs to encourage new business investment and job creation in East Central Indiana. Energize-ECI, Inc. acts as the initial point of contact for promoting the many advantages of operating a business in the region, collects and cultivates leads and assists individuals, site consultants and companies researching the area. Energize-ECI, Inc. answers inquiries regarding sites, buildings and regional information, directing leads to the appropriate local economic development groups within the region.

Energize-ECI, Inc. leverages the resources of the member counties to regionally, nationally and globally market the many assets of East Central Indiana to business decision-makers with plans for expansion and new job creation. Energize-ECI, Inc. benefits Blackford, Delaware, Fayette, Grant, Henry, Jay, Madison, Randolph and Rush counties. Energize-ECI, Inc. has established a subsidiary, Energize-ECI EB-5 Visa Regional Center, to specialize in building area businesses and local jobs through low-cost foreign investments in the United States Citizenship and Immigration Service (USCIS) EB-5 Visa program.

Details about Energize-ECI, Inc. and information about East Central Indiana may be viewed at the comprehensive Energize-ECI, Inc. website www.energize-eci.org. The EB-5 Visa program website is www.EnergizeEB5.com.

Source: Energize-ECI Inc.